Magic Eden Clarifies Impact of Payment Processor V2 Vulnerability

Magic Eden stated that a recent vulnerability in Limit Break's Payment Processor V2 protocol does not affect current listings, as the platform ceased using the protocol in October 2024. However, users who listed NFTs on the Magic Eden EVM market between February and October 2024 are advised to revoke 'Approve for All' permissions on Ethereum, Polygon, and Base. Magic Eden plans to fully shut down its EVM market in Q1 2026 and is currently coordinating with Limit Break on further mitigation efforts.